HCL Technologies Announces New Worldwide SAP Development & Support Contract with Celestica

HCL Technologies Ltd on September 18, 2007 announced it has expanded its relationship with Celestica, a global provider of innovative electronics manufacturing services (EMS), to provide SAP deployment and support. Under the terms of this three-year agreement, the Company will deploy and customize Celestica's SAP suite in a global delivery model across Asia, North America, Latin America and Europe.

Through the Company's global implementation and support methodology, Celestica and the Company will execute common processes and adhere to common governance structures under a fully managed service executing customer-related projects more rapidly and achieving consistent levels of service worldwide.

"With the increasing complexity of the global supply chain, ensuring consistency and speed across the world is a key competitive advantage," said Sandeep Kishore, Sr. Vice President, Hi-Tech and Manufacturing at the Company. "Having worked closely with Celestica over the past four years, we have an in-depth understanding of the intricacies of their business and are looking forward to Implementing solutions that will help them deliver on their business strategy and mission."

This new contract expands upon a four-year relationship between the two Companies through which the Company and Celestica have successfully provided integrated solutions to customers across the telecom, enterprise, consumer, medical, aerospace and semiconductor sectors. Last year, the partnership was further expanded with a joint venture to provide a fully integrated product lifecycle solution to OEM customers - including product concept, design, engineering, manufacturing, fulfillment, sustaining engineering, reverse logistics and after-market services. The Company's broad and scalable design engineering capabilities combined with Celestica's existing strengths in hardware design for manufacturability and supply chain integration create an exciting new alternative for OEMs seeking time-to-market and total cost advantages.

Source : Equity Bulls

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